SMITH PETER JAMES 4/A
4/A · ARGENTUM 47, INC. · Filed Jul 23, 2018
Insider Transaction Report
Form 4/AAmended
SMITH PETER JAMES
DirectorChief Executive Officer10% Owner
Transactions
- Other
Series C Preferred Stock
2018-06-05+400,000→ 1,400,000 totalFrom: 2020-09-27→ Common Stock (140,000,000 underlying)
Holdings
- 114,705,145
Common Stock
- 16,467,500
Series B Preferred Stock
From: 2017-11-12→ Common Stock (164,675,000 underlying)
Footnotes (2)
- [F1]Each share of Series B Preferred Stock has 10 votes on all matters brought before meetings of shareholders, vote alongside holders of Common Stock and not as a separate class. Beginning on 11/12/17, each share of Series B Preferred Stock is convertible into 10 shares of Common Stock. The conversion privilege is perpetual with no expiration date.
- [F2]Effective 06/05/2018, Mr. Smith converted $80,000 of accrued salary into 400,000 shares of Series C Preferred Stock. These 400,000 shares of Series C Preferred Stock have been added to the 1,000,000 shares of Series C Preferred Stock previously owned by Mr. Smith for a total of 1,400,000 shares of Series C Preferred Stock. Each share of Series C Preferred Stock has 100 votes on all matters brought before meetings of shareholders, and vote alongside holders of Common Stock and not as a separate class. Beginning on 9/27/2020, each share of Series C Preferred Stock is convertible into 100 shares of Common Stock. The conversion privilege is perpetual with no expiration date.